When it comes to recent inflation, some individuals are changing their spending habits while others are simply taking it day by day. Either way, it seems inflation is affecting everyone. Gasoline prices are up 59.9% and energy rates are up 41.6% from last year, so there’s no doubt that the necessities are more expensive. […]
“Check fraud is now rampant among Millennials!” Who would have thought?
Check fraud is now rampant among millennials when checks remain a huge part of the payments landscape – the case for investing in check fraud detection software.
Investment in “Smart” OCR Is a Must-do for Mortgage Lenders in 2021
Loan file review is critical in the loan process with the automation of file sorting, extracting and verifying of data taking on new urgency. Discover why here.
Automation and Compliance in the Age of Machine Learning | Banking Automation
When 30% of banking institutions face data quality problems and must comply with stringent regulations, streamlining workflows is a necessity. Find out more.
Digital Transformation in Banking: Are You Missing Out?
Digital Transformation in Banking – Most banks suffer from a labor-intensive loan origination process. Find out how to automate and improve profitability.
Best Practices for Know Your Customer (KYC) Compliance
Know Your Customer (KYC) significantly impacts business operation’s bottomline and customer onboarding experiences. Here are a few best practices for KYC compliance.
What’s Next for Restrictive Endorsement and Fraud Prevention
Now is the time for restrictive endorsement in fraud prevention, which means financial institutions will need to implement technology to detect the presence of the restrictive endorsement in addition to the signature.
3 Ideas to Optimize New Account Application Form Processing
“There’s no business like new business!” Or perhaps better said, “there’s no more expensive business than new business!” In most businesses, developing and onboarding new business takes a lot more effort than retaining or growing existing business. That’s part of the reason so much attention has been turned to customer loyalty, retention, and engagement. Regardless, […]
Infographic: Adoption of Mobile Banking
Mitek Systems has a great year in review infographic regarding adoption of mobile computing devices and their use within retail banking. It’s becoming pretty clear that being able to perform common banking functions with your mobile device is a very appealing draw to many banking customers and it shouldn’t really come as a surprise. ATM […]
Recognition and Remote Deposit Capture – Takeaways from this year’s RDC Summit
This years annual Remote Deposit Capture summit was held in Orlando, Sept 25-27. It is a fascinating niche event that unlike many industry conferences evolves dramatically each year. And for the financial industry, which tends to be slow about technology adoption; watching the evolution of this space is really interesting. Heres a summary of the […]